Euro Pratik Sales Limited has announced that its wholly-owned subsidiary, EURO PRATIK TRADE - FZCO, has acquired a 51% shareholding in Elements Trading Co. (LLC). The acquisition was completed for a consideration of AED 51,000, making Elements Trading Co. (LLC) a stepdown subsidiary of Euro Pratik Sales Limited. Elements Trading Co. (LLC), incorporated on December 18, 2024, operates in the Wall Panels and Laminates industry. Its capital is AED 100,000, and it has reported nil turnover to date. The acquisition's primary objective is to expand market reach in Dubai. The consideration was paid in cash. The indicative time period for the completion of this acquisition is September 30, 2026. The transaction does not fall within related party transactions, and no promoter or promoter group companies have an interest in the acquired entity.
